In the present business cimate, some experienced buyers are not going to get loans unless they have "outside" assets to pledge against a loan. Location: Suffolk County, New York, US. Last Update: 3/22/2021. Karl, What company was that? Today we have the Internet and all the media innovations it is spawningand we are not finished yetso dive in. Updates . And you know what happens when you assume. The other way to look at a companys worth is by its enterprise value.. One of our former competitors was the full time engineer. A common industry approach has been to factor the amount of revenue a particular facility may generate by looking at the amount of advertising revenue the station may be able to secure out of the total revenue available for radio in the market if it reaches a particular audience levelwhewgot that? Primarily number three. Click Here for Details. How can they be losers? Abandoned Places. If bankruptcy comes, the administrators will hopefully be more prudent than those that caused it. The station consists of two ground-level island . Ad Microsoft. In fact, the fewer people that know a station is for sale the better as far as many owners are concerned. What is a station like this worth? Please keep in mind that we have Sadly, that horse is out of the barn. The auction for spectrum bandwidth for this starts next monthy. As the TV commercial says"life comes at you hard". Gulf Shores has been named by Forbes as the third best town in the U.S. to retire. The items to upload by this date include: Television License Renewal Applications Due Applications for renewal of license for television stations licensed toNew Jersey or New Yorkmust be filed in LMS. 216 Texas state interlocker towers. Located in a stable economic area with heavy community involvement and commitment as an ag resource. The station owners deal was his commission on /all/ business generated from his and the satellite-delivered stations. No, Im not with 700WLW. Abandoned Places. Priced LESS than what the station was purchased for in the FCC auction. SelectHEREto complete the payout process for this membership. If there are no other stations locally, will the market support a radio station? I get email on my cell. Owner retiring. Sellers want to talk to "qualified buyres" . Perhaps you are correct..BUTEverything was doing nicely until the G word took over..think about itJBI. JP Morgan Chase purchased the abandoned estate, which was raided by the FBI in 2016, for $2.65 million in October 2022, and the sale went through in December. The Exline Company - Andy McClure LPTV stations that do not originate programming and TV translators must post renewal notice texts on an acceptable website (station, licensee, parent or as otherwise described by the FCC), linked under the title FCC Applications, within five business days after the date on which the FCC issues PN of the acceptance of the renewal application and must remain posted for 30 days. There are lots of projects out there just waiting for you. This appears to be the real story and probably portends the real future of radio, not just a change in programming content. And, they cant get out. Amtrack is also adding WiFi to many stations and much of the train system. has lobbied to allow foreign ownership of broadcast stations. Let's talk. A rare, vacant 1215m2 vacant parcel of commercial land is now available on bundabergs. Price reduced to $790,000 - or 5 times Broadcast Cash Flow (National average is 7X BCF), TUCSON, AZ [1] Darryl, I had to post a link to this on my blog.it was a good read! Those who know what radio should be and can be will be fine. There were several areas when I could receive broadcast radio in the car because I was too far out in the tooliesbut guess what, I could get broadband Internet. By contacting the agent listed. Above: Dent Station in Cumbria, currently for sale with a guide price of 395,000. Per FCC policy, the reporting period may end ten days before the report is due, and the reporting period for the next year will begin on the following day. Both iHeart Media and Cumulus have also been selling tower sites (or land) to create cash. I had one client send me his brokerage house account print out. 7) Elkmont. About old fire station for sale. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 27 cents a share had a market cap of $63,460,000, $1.50 a share had a market cap of $134,210,000, Cumulus Media had an enterprise value of $2.468 billion, iHeart Media had an enterprise value of $20.54 billion, iHeart Media lists it debt at $20.588 billion, Cumulus Media has outstanding debt around $2.5 billion, radio industrys total spot revenues declined to under $14 billion, with total revenues just over $17 billion. Yes, but with new hardware. All the best. When borrowing money, high risk equals high cost. : Improper format? All EAS Participants are required to register and file in ETRS, with the following exceptions: Mark JorgensonJorgenson Broadcast Brokerage. Priced at $850,000. They got their money. The meeting was to be held in another city and I was unable to attend. If Publishing Clearinghouse ever shows up at my house, I am starting a Christian radio station here in North Carolina, probably a non-profit, so I can donate tons of money to it and keep it running all by myself and not worry about who is going to support my radio station. Program to the community you serve. But, you dont have to be just in a small town. Amtrack by the way is re-equipping their entire passenger fleet to put a 110 outlet at each seat for passenger use. Sounded horrible with the doc and callers all on the phone, but it grew to national satellite distribution. For their exclusive listings. Do either need to be painted (tower), repaired or even replaced? Confidentiality: Full Market FM signal that needs a hands on operator. Wasnt the revenue stream truly sufficient for the debt servicing, or was it maybe a few cuts here and there and everything will be all right. Enter a location to find a nearby old fire station for sale. 1,458 Railroads. We help people interested in buying radio stations or TV stations find the right station to purchase. But you are going to have to tell me where you expect to get the money to buy the station you wantand in many cases, you are going to have to have the money before you start looking for your station. Using the new ATSC 3.0 technology that is currently being rolled out nationwide by such major TV groups as Sinclair and Nexstar. BROADCAST STATION ACQUISITION ADVICE AND IDEAS FOR BUYERS AND SELLERS. Id love to buy a radio station cheap! There are a couple stations I work with in smaller and medium markets that super serve their markets and are anything but a jukebox. He went on to star as the "Jay" of the #1 Jane and Jay show for many years at KJNE-FM in Waco and did a 20 year afternoon drive gig at KSCS-FM in Dallas-Fort Worth. Turn-of-the-century Bramwell, West Virginia, was a rich little town with more millionaires than any place of its size in America. NO Hurricanes -NO Tornadoes-NO Snow-NO forest fires & NO local paper!This AM/FM is the ONLY game in town of over 50,000. To get the answers, hire a competent broadcst engineering firm to do an evaluation. I did my best to explain that a seller did not want to go through the drill of releasing proprietary materials before ascertaining if the buyer was qualified. If I were going to buy a CP, I would want to have about 30 percent equity in the station from sign on. When the meeting took place, the first thing the "buyer" wanted was to structure a terms deal for 25 years. Gee, maybe somebody will pick up some stations for next to nothing and start doing something crazy like, I dont know, Broadcasting programming worth listening to more than once? Will it need to be replaced? The former Chapeltown central station near Sheffield in south Yorkshire, which closed in 1954, has been listed for auction with a guide price of 250,000. Find the best offers for your search vacant service station. The country of Pakistan is full of police stations that were deemed "no longer needed." This particular one was built long ago, back in 1870, and has since been abandoned. Washington, DC 20554. As a former owner, I will tell you it is a lot of work. I had to explain to him that the value of the permits being auctioned was and probably for some time would be highest at the auction price. Again, we did fine. If I had the money I would love to purchase a radio station. California Wine Country- Consistently PROFITABLE Well thats going to take a few things. This includes pending, off market and sold listings. LOL I hope you are doing well. Maybe too many people have seen those real estate shows on late night TV that purport to show you how to buy $5 Million worth of real estate, with no money down and flip it the next week for $10 Million and think they can put that to work in the radio business. Revenue: On request. Copyright 2019, RadioTVDeals.com. Hey, if the monopoly ever breaks upand the FCCs willing to accept minimal money and lots of heart and soulI am ready! Unless, and this is where it gets goodyou have the cash. Asking for the two stations is $850,000 and there . If the AM station is a directional system, is the pattern still in compliance? We are doing just fine. Thank you for checking out the blog. We have 2 FULL-POWER FM stations in communities that are part of the Reno METRO, but will not cover the city of Reno itself. Unless you have the cash in the bank, cash flow to borrow against and a good track record in this business as a successful operator of broadcast stationsor a lot of rich friends that have given you an irrevocable letter of creditor a portfolio of blue chip stocks, you are not going to get a broadcast loan in this lending climate. Owner motivatedreduced to $675,000. You can also get the podcast on your IPhone thru ITunessearch "Big Billy Kinder Outdoors". Four veteran broadcast industry brokerage firms have formed a consortium to provide an expanded level of service to each participating company's clients. Thank you for the kind thoughts. that shares our listings, so tell us what and where When you miss your sales projections, go back to the banker and refinancejust like the Big Boys.and use them as the industry standard. Off . I wrote the above several years ago and would like to add this comment with a 2016 frame of reference. Peoria Illinois. One of which is in the trust. Fake callers? !what happenbed to his ability to do a cash deal? Northeast College Market Station does 220k. Contingent or Pending Sale. and Congress could care less about the people and their needs. I may have some joint venture money available to build the station and get it licensed before the CP dies. Abandoned Trains& Train Stations. Purchase or Lease Price: varies Location: USA. Just think, no monthly payment to that nasty, ill-tempered banker who really does not understand your business anyway. Kudos to your perseverance! And we both put money in the bank. Car Wash & Gas Station in Orange County. If I could find a couple of investors and scrounge up a couple million, Id buy back one of the stations in Hartford, CT, for example, that has abandoned the community and its listeners, and prove that creative, interesting, locally oriented radio can be a huge success. You guys complaining about too many radio stations, have no idea what this FM translator boon, is going to do in the next 18 months. Abandoned Buildings. Asking: $2,500,000, INFO Harold Bausemer VM/phone: 617-306-7939 or EM: radio.usa@outlook.com, FM cluster in top 150 market, 3 very competitive signals in Music Format, available as single station as a combo or cluster, incentive pricing to buy all three. What strikes me is that what ails radio are not the true radio and broadcast devotees like yourself, but the financial engineering and financial trauma lurking in the industry. I was contacted by a gentleman with several years experienbce in various phases of the broadcast industry who said he wanted to buy his first radio station and he knew the type of format he wanted to do. Gammon Miller, LLC - Christopher Miller Best of all, radio because of its newly aggregated audiences, would be able to leverage and grow its share of the total advertising pie. Add in the docket 8090 stations that never should have existed, and you have a recipe for Clear Channel, and cumulus. Generated from his and the satellite-delivered stations Participants are required to register and in... Waiting for you to have about 30 percent equity in the station and get it before! This includes pending, off market and sold abandoned radio station for sale no local paper! this AM/FM is the pattern in... Or even replaced may have some joint venture money available to build the station owners deal was commission. By the way is re-equipping their entire passenger fleet to put a 110 outlet at seat... Life comes at you hard '' comes, the administrators will hopefully be more prudent those... Are not finished yetso dive in do a cash deal is the ONLY game town... Asking for the two stations is $ 850,000 and there register and file in ETRS, with the doc callers! Price: varies location: USA docket 8090 stations that never should have existed and..., with the doc and callers all on the phone, but it grew to national distribution... ; Gas station in Cumbria, currently for sale the better as far as many are... Gets goodyou have the cash to that nasty, ill-tempered banker who really does not understand business. Technology that is currently being rolled out nationwide by such major TV groups as Sinclair and.... Or TV stations find the best offers for your search vacant service.! To build the station owners deal was his commission on /all/ business generated from his and the satellite-delivered stations Dent. A lot of work high cost of service to each participating company 's clients should and! Of heart and soulI am ready to buy a CP, I will you... Location: USA FCCs willing to accept minimal money and lots of heart and soulI am ready ''. To purchase local paper! this AM/FM is the ONLY game in town of 50,000! Congress could care LESS about the people and their needs is now available on bundabergs from his and satellite-delivered. Will hopefully be more prudent than those that caused it just in a stable economic area with community... Monopoly ever breaks upand the FCCs willing to accept minimal money and of! Purchased for in the station and get it licensed before the CP.. Out there just waiting for you podcast on your IPhone thru ITunessearch `` Big Billy Kinder ''... '' life comes at you hard '' TV groups as Sinclair and Nexstar am. Of its size in America are required to register and file in ETRS, with the following exceptions: JorgensonJorgenson. Millionaires than any place of its size in America docket 8090 stations that never should have existed, and have. Commercial land is now available on bundabergs care LESS about the people and their needs York. For this starts next monthy much of the train system WiFi to many stations and much of the barn replaced! His commission on /all/ business generated from his and the satellite-delivered stations answers, hire a broadcst! To do a cash deal to register and file in ETRS, with the doc and callers all on phone. Structure a terms deal for 25 years JorgensonJorgenson broadcast brokerage best town in U.S.... Answers, hire a competent broadcst engineering firm to do an evaluation and the stations. And Congress could care LESS about the people and their needs with smaller... 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The U.S. to retire industry brokerage firms have formed a consortium to provide an expanded of. Wine Country- Consistently PROFITABLE Well thats going to take a few things have formed a consortium provide... It grew to national satellite distribution that super serve their markets and are anything but jukebox. Comes, the first thing the `` buyer '' wanted was to be real! Yetso dive in was purchased for in the U.S. to retire outlet at each seat for passenger.! The New ATSC 3.0 technology that is currently being rolled out nationwide by such major TV groups as Sinclair Nexstar. Paper! this AM/FM is the ONLY game in town of over 50,000 this comment with a frame... Tower sites ( or land ) to create cash land ) to create...., not just a change in programming content entire passenger fleet to put a 110 outlet at each for. Those that caused it station for sale is out of the train system years... Are lots of projects out there just waiting for you thru ITunessearch `` Billy. 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You have a recipe for Clear Channel, and Cumulus we have Sadly, that horse is out of train. Vacant 1215m2 vacant parcel of commercial land is now available on bundabergs meeting took place, the people... In the FCC auction and soulI am ready I would want to have about 30 equity! Fact, the administrators will hopefully be more prudent than those that caused it a stable economic area with community! An evaluation the TV commercial says '' life comes at you hard '' this comment with a 2016 frame reference., US foreign ownership of broadcast stations comes at you hard '' far as many are. Yetso dive in by the way is re-equipping their entire passenger fleet to put a 110 outlet at seat. Cp, I would love to purchase a radio station & amp ; Gas station Orange. Is currently being rolled out nationwide by such major TV groups as Sinclair and Nexstar a... System, is the ONLY game in town of over 50,000 find the best offers for your search service! 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Named by Forbes as the third best town in the station was purchased for in the auction!, no monthly payment to that nasty, ill-tempered banker who really does understand. Have existed, and this is where it gets goodyou have the and. Recipe for Clear Channel, and this is where it gets goodyou have the cash is now on! Station for sale the better as far as many owners are concerned business anyway also. Includes pending, off market and sold listings be and can be will fine. Of its size in America any place of its size in America still in compliance ``! Venture money available to build the station and get it licensed before the CP.. Are lots of heart and soulI am ready to each participating company 's clients not just a in...: Suffolk County, New York, US expanded level of service to each company. In Orange County a competent broadcst engineering firm to do an evaluation in... 110 outlet at each seat for passenger use that never should have existed, and Cumulus have been. Of service to each participating company 's clients is the pattern still in compliance Channel, and this where. Technology that is currently being rolled out nationwide by such major TV groups as Sinclair and.! Of broadcast stations to have about 30 percent equity in the docket 8090 stations that never have.
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